Great chart here via JP Morgan and The Big Picture blog. 12 year lows in the market are very rare events – only two past occurrences. Unfortunately, it’s hard to come to any reliable conclusions based on two data points. Interesting chart nonetheless:
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Mr. Roche is the Founder and Chief Investment Officer of Discipline Funds.Discipline Funds is a low fee financial advisory firm with a focus on helping people be more disciplined with their finances.
He is also the author of Pragmatic Capitalism: What Every Investor Needs to Understand About Money and Finance, Understanding the Modern Monetary System and Understanding Modern Portfolio Construction.